Kazakhstan: Combined Refrigerator-Freezer Market 2024

Combined Refrigerator-Freezer Market Size in Kazakhstan

For the third consecutive year, the Kazakh combined refrigerator-freezer market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Combined Refrigerator-Freezer Exports

Exports from Kazakhstan

In 2022, overseas shipments of combined refrigerators-freezers increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, combined refrigerator-freezer exports soared to $X in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for combined refrigerator-freezer exports from Kazakhstan, accounting for a X% share of total exports. Moreover, combined refrigerator-freezer exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), fourfold. Tajikistan (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Tajikistan (X.9% per year).

In value terms, Russia ($X) emerged as the key foreign market for combined refrigerators-freezers exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Tajikistan (X.0% per year).

Export Prices by Country

In 2022, the average combined refrigerator-freezer export price amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Belarus ($X per unit) and Tajikistan ($X per unit), while the average price for exports to Russia ($X per unit) and Kyrgyzstan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Combined Refrigerator-Freezer Imports

Imports into Kazakhstan

In 2022, after two years of growth, there was significant decline in supplies from abroad of combined refrigerators-freezers, when their volume decreased by X% to X units. In general, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, combined refrigerator-freezer imports rose significantly to $X in 2022. Over the period under review, imports, however, showed a modest increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Russia (X units), China (X units) and Uzbekistan (X units) were the main suppliers of combined refrigerator-freezer imports to Kazakhstan, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of combined refrigerators-freezers to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average combined refrigerator-freezer import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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